Recruiters have only felt the tip of the iceberg in terms of results, according to a report from investment banking firm John East & Partners.
The report predicts ‘much worse to come’ for recruiter results as share prices have been weak for nearly two years, having fallen by 75% since the July 2007 peak.
Irish security and recruitment firm the Newcourt Group has entered receivership after it was found to have breached its banking covenants.
Reuters reports that Newcourt had asked its main lender, the Bank of Ireland, to appoint a receiver.
Newcourt says that entering receivership will enable its subsidiaries to continue to trade normally.
If you’re fed up with your Significant Other taking hours preening themselves before hitting the town, apparently jobseekers in Downturn Britain insist that getting dressed for an interview is now more important than dolling up for a night out.
Men are leaving their career choices to chance and not using enough “solid information”, according to a new study.
Workplace psychologists OPP found 24% of men rely on luck when making their career choices compared to 20% of women, and 26% of men admit opportunism is the most important factors, compared to 19% of women.
Candidates have lowered their salary expectations and are increasingly prepared to change career, according to new statistics.
Research from interview advice website Interviewgold.com showed that85% were prepared to apply for a job for which they were over qualified just to gain employment.
Korn/Ferry International has acquired City recruiter Whitehead Mann. Financial details of the merger have not been revealed.
Innovation is the key for interim mangers if they want to prosper after the recession, according to the chairman of an interim recruiter.
There are increased signs of optimism in the financial services sector, according to a new survey.
Multi-sector recruiter FPSG has appointed Bill Graham as a regional sales director.
Graham joins from multi-discipline staffing firm Huntress and will be responsible for FSPG’s London sales and marketing, technology, banking, procurement and professional services divisions.
Supermarket chain Tesco is continuing to recruit graduates in spite of the recession.
Tesco annually offers over 100 places on 15 different schemes for UK graduates, from legal services and Tesco.com to property and engineering.